Besieged Berkshire Utility Tries to Rewrite Who Pays for Wildfires February 27, 2026 By Michelle Ma and Alexandre Rajbhandari When smoke rapidly engulfed his home in Oregon, retired firefighter Fred Cuozzo rushed away in his pickup truck and nearly...
Berkshire’s PacifiCorp Paying $575M to Settle Claims for Oregon and California Wildfires February 23, 2026 By Jonathan Stempel PacifiCorp, a utility owned by Berkshire Hathaway, agreed to pay $575 million to resolve U.S. government damages claims related to...
Berkshire Utility Presses Wildfire Appeal With Billions at Stake February 5, 2026 By Michelle Ma Berkshire Hathaway Inc.’s PacifiCorp is asking an appeals court to throw out a 2023 jury verdict in a wildfire class-action...
Buffett Utility Reaches Oregon Wildfire Settlement With Nearly 1,500 Victims November 20, 2025 By Michelle Ma and Alexandre Rajbhandari Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor...
Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk September 8, 2025 By Peter Blumberg PacifiCorp says litigation massive wildfires in 2020 that exposed the company to billions of dollars in damages jeopardizes its ability...
Cannabis Firm Fights Insurer’s Denial of Business Income Loss Claim Following Fire July 30, 2024 By Andrew G. Simpson A Berkshire Hathaway insurer is insisting it does not owe $1.3 million in claimed business income losses to a cannabis...
Buffett’s PacifiCorp Suspected of Collusion by Wildfire Victims’ Law Firms July 22, 2024 By Jonathan Stempel The law firms leading class-action litigation against PacifiCorp over the 2020 Labor Day weekend wildfires in Oregon want to examine...
Berkshire’s Jain on Cyber: ‘The Mindset Should Be You’re Not Making Money’ May 8, 2024 While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway’s head of insurance operations said aggregation and loss...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech May 7, 2024 By Susanne Sclafane Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with...
Florida Jury: NICO Did Not Act in Bad Faith in Keys Crash that Killed 4 Women from Spain March 19, 2024 By William Rabb Six months after a federal appeals court upheld a $12 million verdict against a waste-hauling company in a crash that...